2068 Hubert Ave Memphis, TN 38108
4bd, 1ba | 1,008sqft | Built in 1950
investment property - 2068 Hubert Ave, Memphis, TN 38108, Shelby - image 0
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investment property - 2068 Hubert Ave, Memphis, TN 38108, Shelby - image 0
investment property - 2068 Hubert Ave, Memphis, TN 38108, Shelby - image 1
investment property - 2068 Hubert Ave, Memphis, TN 38108, Shelby - image 2
Initial Investment
$60,789
List Price: $59,000
Purchase Price
$59,000
Down Payment
100%
Rent
$750

Total Return
$28,514
Annualized Return
9.2%
Cap Rate
9.4%
Gross Yield
15.3%
Cash Flow
$5,056
Appreciation
1.8%
Features
Roofstock Certified
Occupancy
Month To Month
Lease Start
06/11/2008 
Lease End
M/M
Lot Size
7,500 
HOA
None
Flood Risk
Not Required

Map Data
Map data ©2020 Google
Map DataMap data ©2020 Google
Map data ©2020 Google
Annual Financial Highlight
Expected Rent
$8,550
Expenses
-$2,694
Property Taxes
-$800
Loan Payments
$0

Net Cash Flow
$5,056
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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